Abstract: The source said Ali did not invest in Snapchat according to a Re/code review article, a number of people familiar with the situation said Ali's huge investment Snapchat rumors are not true. However, the report quoted sources also revealed that Ali and Snapchat both sides did vote
Sources say Ali did not invest in Snapchat
According to a commentary in Re/code, a number of people familiar with the matter said Ali's huge investment in Snapchat was untrue.
But sources quoted in the report also revealed that Ali and Snapchat had indeed initiated preliminary negotiations on investment matters.
The talks ended a long time ago, and the rumors, according to the people familiar with the matter, were probably just echoes.
Gemalto acquisition of data security company SafeNet, priced 890 million dollars
Gemalto, which produces smart chips for mobile phones, bank cards and biometric passes, is said to be buying US data security company SafeNet at a cost of 890 million dollars.
Gemalto has signed a definitive deal to buy all SafeNet shares from the PE fund Vector capital. The deal will be backed by cash and credit financing, which is expected to be completed in the fourth quarter.
By acquiring Safenet,gemalto, he hopes to expand its revenue base, expand its market to the US and improve its ability to service data protection.
Twitter is quietly removing Microsoft's Bing translation function
As a useful key translation feature, Bing translation appears to have been quietly removed by the Twitter platform, which is less than two months away from the online feature.
Twitter does need a handy translation engine to help users translate information into language they can read. The reason for the removal of Bing translation is believed to be due to its low translation accuracy.
As a matter of fact, Twitter is doing a lot of functional experiments anytime, anywhere, and there are a few features that are quietly on the line, and eventually, without the user noticing, Twitter is quietly off the shelf.
Spotify to post a job advertisement showing IPO determination
This February, Spotify issued a job advertisement to hire an external regulatory expert to meet the SEC's required documentation standards.
Now, Spotify has again issued a similar job advertisement, announcing its IPO determination again. There is speculation that the Swedish company will be listed in the United States next year.
But just in the middle of last month, Daniel Ek, the founder and CEO of Spotify, Daniel Ecques that the company was not in a hurry to IPO and that Wall Street was too focused on corporate performance, which was not a good thing.
Microsoft's antitrust case has been fermented, and Accenture, the financial outsourcing firm, has been investigated
The State Administration for industry and commerce continued to ferment the investigation into the case of Microsoft's suspected monopoly.
Yesterday, the Accenture China team in charge of Microsoft's financial outsourcing confirmed that they were "currently cooperating with the General Administration of commerce and industry in the investigation activities and other undisclosed content".
Last month, 28th, the State Administration of Industry and Commerce organized by Beijing, Shanghai, Guangdong, Sichuan, Fujian, Hubei, Jiangsu, Chongqing, Hebei and other 9 provinces and hundreds of industrial and commercial law enforcement personnel, Microsoft in mainland China's four operating sites, while conducting surprise inspections. Microsoft executives, and some affiliated companies, have been affected.
Judge rejects Google Apple 324.5 million dollar poach settlement agreement
Silicon Valley's four big technology giants, including Apple, Google, Intel and Adobe, failed to persuade U.S. judges to agree to their 324.5 million dollar class-action settlement agreement. Many of these companies have been accused by skilled workers of conspiring to avoid "poaching" each other's employees.
In a ruling published in Friday, the San Jose District Court judge in California, Calif., said the settlement agreement made by 4 companies was too low, compared to allegations against them. The judge said there was "compelling material evidence" to prove that the late Apple founder Steve Jobs was the central figure in the alleged conspiracy.
The class-action case began in 2011, when several technical workers said the companies conspired to limit the liquidity of their jobs, resulting in a clampdown on their pay growth. The case is closely watched, as four companies could be awarded huge sums of compensation, as well as the opportunity to glimpse some of the secrets of top U.S. technology companies.